Market Stats Booklet July 2018 Market Stats | Page 2

Local Market Update – June 2018
LOCAL MARKET UPDATE
June 2018
A RESEARCH TOOL PROVIDED BY MIDWEST REAL ESTATE DATA LLC
RESIDENTIAL ACTIVITY ONLY | Data current as of July 14, 2018
CBHomes.com
Deerfield
+ 6.7% + 21.6% - 14.9%
Change in
New Listings
All Properties Change in
Closed Sales
All Properties Change in
Inventory of Homes
All Properties
June
Detached Single-Family
New Listings
Under Contract (includes Contingent and Pending)
Closed Sales
Median Sales Price*
Average Sales Price*
Percent of Original List Price Received*
Average Market Time
Inventory of Homes for Sale at Month End
6-2017 6-2018
55 12
Trailing 12 Months
+ / – 6-2017 6-2018 65 + 18.2% 578 575 - 0.5%
35 + 191.7% 227 266 + 17.2%
27 39 + 44.4% 252 260 + 3.2%
$593,000 $495,000 - 16.5% $503,125 $496,750 - 1.3%
$595,037 $584,043 - 1.8% $567,801 $556,231 - 2.0%
93.7% 94.3% + 0.6% 93.1% 93.0% - 0.1%
98 88 - 10.2% 129 123 - 4.7%
187 163 - 12.8% -- -- --
June
Attached Single-Family
New Listings
Under Contract (includes Contingent and Pending)
Closed Sales
Median Sales Price*
Average Sales Price*
Percent of Original List Price Received*
Average Market Time
Inventory of Homes for Sale at Month End
+ / –
Trailing 12 Months
6-2017 6-2018 + / – 6-2017 6-2018 + / –
20 15 - 25.0% 149 156 + 4.7%
9 10 + 11.1% 97 110 + 13.4%
10 6 - 40.0% 111 107 - 3.6%
$293,500 $236,500 - 19.4% $232,500 $245,100 + 5.4%
$305,750 $275,750 - 9.8% $250,764 $265,809 + 6.0%
95.7% 94.0% - 1.8% 95.6% 94.5% - 1.2%
76 165 + 117.1% 58 81 + 39.7%
28 20 - 28.6% -- -- --
* Does not account for seller concessions. | Activity for one month can sometimes look extreme due to small sample size.
Change in Median Sales Price from Prior Year (6-Month Average)**
Detached Single-Family
All MLS
Deerfield
+ 40%
b
Attached Single-Family
a
All MLS
Deerfield
+ 80%
+ 30%
+ 60%
+ 20%
+ 10%
+ 40%
0%
+ 20%
- 10%
- 20%
0%
- 30%
- 20%
- 40%
- 50%
1-2009 1-2010 1-2011 1-2012 1-2013 1-2014 1-2015 1-2016 1-2017 1-2018
- 40%
1-2009 1-2010 1-2011 1-2012 1-2013 1-2014 1-2015 1-2016 1-2017 1-2018
** Each dot represents the change in median sales price from the prior year using a 6-month weighted average.
This means that each of the 6 months used in a dot are proportioned according to their share of sales during that period.
b
a